Question
Which of the following categories correctly describes an
“excluded employee” under the EPF Scheme, 1952?Solution
Apprentices under the Apprentices Act or certified standing orders are considered excluded employees.
The simple interest on a sum of Rs. (6x + 100) for 4 years at 10% per annum is Rs. 1,200. Find the value of x.
An investor has ₹20,000 to invest in two options: Investment X, offering a 12% annual return, and Investment Y, offering an 8% annual return. If the t...
Ajay invested Rs.a in SI at 7% rate of interest per annum for 10 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 8 yea...
A man invested Rs. 'D' at simple interest of 22% and Rs. 'D + 5000' at simple interest of 18% p.a., for 2 years each. If the interest earned from both i...
- Rs. 15,000 becomes Rs. 21,900 after 6 years on simple interest. What is the rate of interest per annum?
- Sohan invested Rs. 11,600 at a simple interest rate of 7.5% per annum for 3.5 years. What will be the total amount he receives after the period?
Ms. Riya allocated her savings into three different funds X, Y, and Z in the ratio 8:7:6. The interest rates for these funds are w% p.a., (w − 4)% p.a...
Rohit made an investment that yielded a simple interest rate of r% per annum, allowing the principal to grow to 180% of its original amount in 5 years. ...
Mandeep took a loan of Rs. 7,300 from his friend Sandeep on 16th March. The loan accrues simple interest at an annual rate of 20%. Calculate the total a...
- Nisha deposits Rs. 'z' and Rs. (z + 1000) in two accounts for 1 year each. The first earns 11% and the second 9% simple interest. If the total interest fro...
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